LIBERTARIAN: Of course, no bailouts for anyone, anytime, anywhere

http://www.economicpolicyjournal.com/2017/10/a-potential-alliance-between-socialists.html

THURSDAY, OCTOBER 26, 2017
A Potential Alliance Between Socialists and Libertarians Over Puerto Rican Government Debt 

*** begin quote ***

The debt in question is debt run up irresponsibly by past Puerto Rican governments. Every hardcore libertarian would, of course, support default on this debt rather than have the decent people of Puerto Rico or US taxpayers bailout the owners of this debt. From a libertarian perspective, this should be the position on all government debt.

*** end quote ***

Why should the taxpayers pay?

Clawback from the politicians and bureaucrats!

Argh!

# – # – # – # – # 

Please leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: